Production company Spackman Entertainment Group’s full-year net loss narrowed to US$1.1 million ($1.5 million) from US$8 million a year earlier.
Revenue dropped 16% to US$13.6 million. The production house released one film, The Priest, in FY2015, compared with four films in FY2014.
The Priest generated production revenue of US$6.19 million and other revenues of US$4.37 million. Other revenues came from distribution of previous films, production of documentaries, its café business and professional photography services.
Other income grew more than four-fold to US$2.4 million, mainly from a purchase of an associate for US$1.71 million.
Spackman ended 9.4% higher at 13.9 cents.
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Revenue dropped 16% to US$13.6 million. The production house released one film, The Priest, in FY2015, compared with four films in FY2014.
The Priest generated production revenue of US$6.19 million and other revenues of US$4.37 million. Other revenues came from distribution of previous films, production of documentaries, its café business and professional photography services.
Other income grew more than four-fold to US$2.4 million, mainly from a purchase of an associate for US$1.71 million.
Spackman ended 9.4% higher at 13.9 cents.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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